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Investment Opportunity

Miami Investmens

12XXX W Atlantic Blvd Coral Springs FL 33071 MLS #A11535142

12XXX W Atlantic Blvd
Coral Springs, FL, 33071
$165,000
Beds
0 Bathrooms
0 SqFt
0 Acres
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$165,000
12XXX W Atlantic Blvd
Coral Springs, FL, 33071
MLS #A11535142 image #0MLS #A11535142 image #1MLS #A11535142 image #2MLS #A11535142 image #3MLS #A11535142 image #4MLS #A11535142 image #5MLS #A11535142 image #6

Project Description

Step inside to a turn key restaurant opportunity! Hood, grease trap included in the sale. Restaurant has been open for the past 6 years, grosses close to 490k per year, only operating from 8-4pm, plenty of room for expansion! Nets over 75k per year with minimal over head costs, lease is only $3,200, 1,300 sq ft. 2COP can be placed. Willing to provide financials upon proof of funds and NDA. Perfect for an EB2 visa/foreign investors. Over 500+ residences coming to the area with Modera’s new housing development, grab this price while you can. Sister restaurant is also for sale with very similar financials/gross revenue. Showings can be any day, after 4:30pm. Currently open, please respect employees and do not discuss sale of establishment.

Property Details

Price:
$165,000
MLS #:
A11535142
Status:
Active
Beds:
0
Baths:
0
Type:
Business
Listed Date:
Feb 17, 2024
Year Built:
2005
Bar/lounge Only,food & Beverage,restaurant

Schools

Interior

Exterior

Financial

Net Operating Income
$75,000
Tax Year
2020
Taxes
$4,000

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Profitability of the Property

Net Monthly Income:
Annual Profitability of:
12XXX W Atlantic Blvd
Coral Springs, FL